Copley

Large-Scale Epithermal Gold-Silver System with Porphyry Potential in Central British Columbia

EXECUTIVE SUMMARY

Copley is a drill-permitted, road-accessible gold-silver project located within the porphyry-epithermal endowed Nechako Plateau region of central British Columbia. Hosted in felsic volcanic vent complexes within a 10x10 km interpreted caldera, the project represents a large-tonnage, intermediate-sulfidation epithermal system with potential for high-grade structurally focused mineralization and associated porphyry roots.

Recent and historic work has confirmed the presence of widespread alteration, elevated pathfinder elements, and multiple high-grade gold intercepts from shallow drilling. With close proximity to infrastructure and supportive, resource-oriented communities and First Nations, Copley presents a compelling acquisition or partnership opportunity.

PROJECT HIGHLIGHTS

  • Geological Setting: Hosted within altered felsic volcanic units (Late Jurassic/Early Cretaceous) on a low magnetic susceptibility feature interpreted as a 10x10 km caldera.
  • Mineralization Style: Intermediate-sulfidation epithermal Au-Ag with porphyry-style alteration and mineral associations.
  • Drill Highlights:
    • 10.97 m @ 1.03% Cu, 0.15 g/t Au (COP-23-0001)
    • 2.0 m @ 158 g/t Ag (COP-23-0004)
    • 0.97 m @ 1.05% Cu, 0.12 g/t Au, 843 ppm Mo (COP-24-0010)
    • 4.5 m @ 0.69 g/t Au (COP-23-0002)
    • Historic intercepts (2011):
      • 2.0 m @ 9.27 g/t Au (C4-02)
      • 10.67 m @ 1.507 g/t Au incl. 3.67 m @ 2.573 g/t Au (C6-01)
      • 1.87 m @ 2.657 g/t Au (C6-02)
      • 2.0 m @ 1.991 g/t Au (C6-03)
  • Rock Sample Highlights:
    • Channel samples up to 17 g/t Au (Smoking Pipe)
    • Composite grabs up to 14 g/t Au (Smoking Pipe)
    • Up to 6.2 g/t Au (East Dome), 3.3 g/t Au (Mid Dome), and 757 ppb Au (45 Road Zone)

 

LOCATION & ACCESS

  • 55 km southwest of Vanderhoof, BC, and 35 km south of Fraser Lake
  • Year-round road access via forestry roads
  • Within 10 km of the proposed Blackwater transmission line
  • Nearby infrastructure includes Highway 16, a 500 kV transmission line, and regional rail and pipeline corridors
  • Proximity to mining-friendly communities and engaged First Nations with strong history of resource development partnerships

 

GEOLOGICAL MODEL & TARGETS

  • Multiple NE and NW-trending structures intersect magnetic lows and altered rhyolite domes
  • Gold mineralization hosted in altered vent facies (lithic tuffs, rhyolite domes, diatremes)
  • Extensive zones of QSP alteration (quartz-sericite-pyrite) over 7.5 x 1.5 km area
  • Pathfinder suite includes Mo, Sb, As, Hg, Pb, Zn — consistent with epithermal signatures
  • Propylitic alteration and copper-bearing zones at the margins suggest porphyry vectoring
  • Potential bulk tonnage open ended target in drilling at Smoking Pipe
  • Porphyry & Epithermal System Potential 
    • Deep IP anomalies and resistivity anomalies suggest buried intrusive centers
    • Rhyolite domes, chalcedonic veining and anomalous gold rock chip samples support epithermal mineralization model
  • Limited Drilling – Many anomalies and extensions of known mineralized zones remain untested or underexplored.  Copper and Gold zones intersected in drilling to date
  • Large Underexplored Land Package – multiple mineralized zones and geophysical anomalies ready for follow up
  • Exploration by Optionor concluded Cu_Au porphyry potential – October 2023 Centerra stakes additional 1453 hectares in contiguous claims based upon findings

 

 

DATA ASSETS & TECHNICAL DATABASE

  • Copley benefits from a robust technical database, including legacy and modern exploration data compiled over multiple campaigns.
  • A comprehensive dataset was recently received from a former option partner, including detailed geochemical, geophysical, and drill data.
  • The data package includes over 850 drill core samples, 93 QA/QC samples, extensive trenching results, IP/resistivity data, soil and rock geochemistry, and structural interpretations.
  • This large and well-organized dataset provides a strong foundation for immediate follow-up work and 3D targeting.

 

EXPLORATION HISTORY & POTENTIAL

  • Early work (1980s): Mapping, soil and rock sampling, limited hand trenching
  • 2010–2011: Kootenay Silver drilled 23 holes (~2,200 m), defining shallow epithermal zone at Smoking Pipe with multiple high-grade gold intercepts
  • 2022: Centerra IP, (29 line km), Drone Magnetics (358 line km), Soil Sampling, (1,342 samples) Identifies coherent 2km long gold-in-soil anomaly extending northwest from Smoking Pipe prospect
  • 2023–24: Follow-up IP (9.3 line km) diamond drilling, 12 holes (4,181 m) tested deeper targets and confirmed new Cu-Au-Ag zones
  • $2.96M in total exploration expenditure filed by optionor Centerra Gold 2022 to 2024
  • Numerous targets remain untested — particularly at East Dome, Mid Dome, and 45 Road Zone

 

REGIONAL CONTEXT

  • Located in a proven belt with several major deposits:
    • Blackwater: 8 Moz Au, 60 Moz Ag
    • Equity Silver: 71 Moz Ag, 0.5 Moz Au
    • Huckleberry: 0.8 Mt Cu
    • Capoose, Endako, Bell Copper, Granisle, 3Ts

 

OWNERSHIP & NEXT STEPS

  • 100% owned by Kootenay Resources Inc.
  • Permits pending for immediate follow-up drilling
  • Strong potential for high-grade Au-Ag discoveries along underexplored structures
  • Strong potential for Cu-Au porphyry discovery
  • Assessement work requirement good for 10 years